The Hydrogen Stream: EU, Argentina, Chile, Uruguay to partner on hydrogen
The European Commission and the European Investment Bank have agreed to collaborate with Argentina, Chile and Uruguay on hydrogen, while Masdar, Mitsubishi and Inpex have said that they will use green hydrogen to produce e-methane and polypropylene.
European warehouses store 40 GW of unsold solar panels
Rystad Energy says that about €7 billion ($7.8 billion) of solar panels are now being stored in Europe, but European developers continued to buy solar modules from China throughout the first half of this year.
US manufacturer introduces roof mount with integrated sealant
Pegasus Solar has developed the InstaFlash pre-installed sealant for composite shingle roofs.
India’s solar PV module exports surge 364% YoY
India exported solar PV cells and modules worth INR 8,440 crore in FY 2022-23. USA was the top destination with a 97% share.
Philippines allocates 1.97 GW of PV capacity in renewables auction
Through the procurement exercise, the GEA-BEAC allocated 1,870.8 MW of ground-mounted PV capacity and 90 MW of floating solar power. The selected developers will secure 20-year power purchase agreements.
NREL develops perovskite solar cells with 93% bifaciality
The National Renewable Energy Laboratory (NREL) has made highly bifacial perovskite cells with a front-side efficiency of 23%.
First half 2023 total solar corporate funding increased 54% year-over-year
According to Mercom’s Solar Funding report almost 25.5 GW of solar projects were acquired in the first half of the year, totaling $18.5 billion.
European solar manufacturers secure EU financial support
Norsun and Midsummer have both secured financing to support their capacity expansion plans. Norway’s Norsun plans to raise its polysilicon capacity to 3 GW and Midsummer wants to build a 200 MW module facility in Sweden.
France recycled 3,800 tons of solar modules in 2022
French eco-organization Soren, which collects and recycles end-of-life solar panels, has published its 2022 annual report. Last year, more than 10 million solar panels were put on the market in France, up 25% from 2021.
Sodium-ion battery fleet to grow to 10 GWh by 2025
Global demand for sodium-ion batteries is expected to grow to just under 70 GWh in 2033, from 10 GWh in 2025, at a compound annual growth rate (CAGR) of 27%, according to UK-based market research company IDTechEx.
